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Trading altcoins is definitely more profitable compared to buying and holding bitcoin. Bitcoin holding is meant for long-term investors who are not looking for days today fluctuations of assets price but just focused on the appreciation of their investments over time. Altcoins trading on the other hand is meant for quick profits for professionals traders and investors. If you know how to trade altcoins? It is far more benefits than holding bitcoin.
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Decentralization is doubtless the most important and unique side of bitcoin. The most thing I love about bitcoin is that I don't need to pay taxes from this profit, which is actually not so little already. The government and different structures are taking from my salary around 40% monthly! I actually work on the government, meanwhile the services that they give to me are not so good as it could be. But with bitcoin I get everything that I earned and that's just great.
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every thing have his own idea but according to my opinion investing is better for future but not to invest your total money but invest some amount of your saving money in various places and save some money in your wallet for the future emergencies because no investment in the world have guaranteed to give you always profit.
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I like the idea of mobile banking that bitcoin offers to lot of people, you have the control on your own money you can choose to hold it as a sort of investment and no government or banks will have to tell when can you sell or how long you have to hold them or en-cash them, its very safe and at the same time the transactions made are very private.
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Holding is a very good idea. You may notice that bitcoins are more common in countries, so the cost of bitcoins will increase based on the number of people taking part in it. So if you want to make a high profit then keep the bitcoin as long as possible, you will have great profit. Or if you need money to pay for something, then sell a little, not sell it all. Otherwise you will regret later. Hope you have a nice day and great choice.
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Based on the number of users of that coin and it's availability and how accessable it is . While I was finding stuffs about cyrpto currency I came across a video which said that dogecoin is the more underrated cyrpto currency and some region uses it Mainly. So dogecoin can have a good future . Well I don't know about it properly but you can definitely try to research about it
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Some people here thinks that it's possible but well, this task is not so easy. For example, if you purchased bitcoin at 900$ and tomorrow you see that price is 800$ now, waiting still some days and weeks and you see that price is stable at 800-850, what are you going to do? If you'll sell bitcoins, you will lost profit. So this makes fixed income with btc trading impossible. Better to trade daily but in some situation, wait for more than one month.
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I think bitcoins can end poverty maybe in a country or maybe the whole world.But there are facts and things someone need to start using and earning bitcoin.First is computer setup or cellphone that can use internet,internet connection itself and alot of time.Which other peoples cannot avail but if government will help them get that things then it may be the end of poverty
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This is a good news to the Filipino that the government facilitate a seminar about bitcoin, because many investors are already stable in philippines, and maybe they need these in terms of payments. and also, maybe many Filipino are getting involve already in cryptocurrency.
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For me i also experience that especially in some scam coins all of a sudden being dump or lets say its not an scam alt but its normal .
I would rather sell it rather than to be a bag holder if i .So the point there is don't invest too much if you aren't ready to lose how much you invested although trading is coming with those risk but you can make lessen the risk .
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It is difficult to really fix the time of our activities. Like me, It's hard for me to synchronize working hours offline / And working online. So I made a paper and put my time working. Similarly when I break time in my offline work. I immediately took my acc and I posted it as soon as I could. To go home tonight I would add less to complete the required post per day. In doing that I'm able to focus my Work Offline. And not having problem because I've done my work online. So I made my job easier. Because of my good time management
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yes i believe this that bitcoin will be replaced by another cryptocurrency but not this time, maybe in the future, people always invent new and innovative things, who knows. it will all depend on the features of the new crypto currency, it should be overall better than bitcoin to be able for it to replace bitcoin.
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Putting all your money in bitcoin is a really innovative idea, though it is really risky especially bitcoin is really volatile. It changes it's price every minute, making it really hard to deal with. I do not prefer to put all your money to bitcoin, invest it on other things, not just bitcoin, maybe business investments.
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Im actually doing this right now. But I am currently looking for bitcoin wallet that will be stable and safe for future savings. This is a good idea for me, Im not really a person who saves but this gives a little bit of encouragement, imagine if bitcoin will rise as it does, how much it my savings could be in the future.
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I discover and use the bitcoin lately, so I'm just starting to make allot of money using a bitcoin. I decide to sell my bitcoin if I have to need to pay or buy. This is because I'm the one who have a good salary and the breadwinner. I pay my parent's debt and used some of my money in buying gadgets and also for the allowance. Even the price is low I do selling because it needs, its enough for me because I have an income, only internet and spending of time has beeb used, no investment. Sometimes one week before I need the money I set my coins in what price I want, this is because of chances of high profit, if this not sell I will sell to the actual price.
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In my country there is also a kind of training for those who want to earn money from the internet. They are given bimbingam about 2 months of training .. so that later after graduation can earn a large income from the internet. I really agree with this way. It should be possible that such a thing can be applied in school institutions. As initial capital so they can make money
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I think this is were you should try to develop your skills because you must understand were to buy your coins and when to sell the coin, your skill in managing this two foregoing is what will determine your trading success. I do sell my coins when a pin bar appear in my candlestick chart for any position I have entered be it positive or negative. We should invest with the right mind and we would succeed in what ever we do.
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Each and every user has the responsibility to contribute to the growth of bitcoin. Maybe this could take place through the continued buying and selling or through some form of spreading to the people surrounding us. All that we need to do is, help in the circulation of bitcoin same as that of the fiat.
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I think altcoins are a better investment right now as the rate of growth of altcoins is much higher than Bitcoin. You can expect a 1000 percent growth in one year if you are able to find the right progressive altcoin. Bitcoin is also growing but rate of growth is less than that of altcoins.
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